Hightide Therapeutics Inc

Hightide Therapeutics Inc

HHKEX:2511
3.13
HKD
-0.02
(-0.63%)
1.50BMarket Cap
Mar 26Next Earn
Hightide Therapeutics Inc
HKEX:2511
(Hong Kong Exchange)

Recent

price

3.13

P/E

ratio

- -

div

yld

- -

ROIC.AI

2021
2022
2023
2024
2025
TTM
CNY
- -
- -
- -
- -
- -
- -
Revenue per Share
-0.43
-0.75
-3.62
-0.84
-0.48
- -
Basic EPS, GAAP
-0.18
-0.68
-1.38
-0.67
-0.35
- -
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
Dividend per Share
-0.53
-0.91
1.37
0.82
0.6
0.6
Book Value per Share
-0.53
-0.91
1.37
0.82
0.6
0.6
Tangible Book Value per Share
515
255
260
452
480
480
Basic Weighted Avg Shares
- -
- -
- -
- -
- -
- -
Sales/Revenue/Turnover
- -
- -
- -
- -
- -
- -
Operating Margin (%)
2
1
2
6
6
- -
Depreciation Expense
-221
-190
-939
-382
-232
- -
Net Income, GAAP
- -
- -
- -
- -
- -
- -
Effective Tax Rate (%)
- -
- -
- -
- -
- -
- -
Profit Margin (%)
747
-469
699
403
434
434
Working Capital
1
2
10
25
88
88
LT Debt
-272
-471
703
424
365
365
Total Equity
- -
- -
- -
- -
- -
- -
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
-67.76
-63.49
- -
Return on Common Equity (%)

Capital Structure

CNY

•

in mil. unless spec.
Dec'24
Jun'25
Dec'25
ST Debt
52
86
39
LT Borrowings
10
- -
78
LT Finance Leases
16
13
11
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
515
515
509
Market Capitalization
614
1,245
1,348

Working Capital

CNY

•

in mil. unless spec.
Dec'24
Jun'25
Dec'25
Total Current Assets
513
506
532
Cash, Cash Equivalents & STI
491
467
503
Accounts Receivable, Net
- -
- -
- -
Inventories
- -
- -
- -
Total Current Liabilities
110
147
98
Payables & Accruals
- -
- -
- -
ST Debt
52
86
39
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
- -
-14.03%
Free Cash Flow
- -
- -
-44.85%
Net Income, GAAP
- -
- -
-39.21%
Sales/Revenue/Turnover
- -
- -
- -
Total Cash Common Dividend
- -
- -
- -

Semi-annual Revenue

CNY

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
- -
2024
- -
- -
- -
2025
- -
- -
- -

Semi-annual Earnings Per Share

CNY

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
-3.62
2024
- -
- -
-0.84
2025
- -
- -
-0.48

Semi-annual Dividends Per Share

CNY

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
- -
2024
- -
- -
- -
2025
- -
- -
- -
Business
HighTide Therapeutics Inc (2511.HK) is a clinical-stage biopharmaceutical company focused on developing novel therapeutics for metabolic, digestive, and cardiovascular diseases. The company offers a pipeline of investigational drugs including HTD1801 (berberine ursodeoxycholate), an oral first-in-class FXR agonist and TGR5 agonist targeting non-alcoholic steatohepatitis (NASH), primary sclerosing cholangitis (PSC), and ulcerative colitis; HTD4010, a novel oral TGR5 agonist for obesity and metabolic dysfunction-associated steatohepatitis (MASH); and other candidates such as HTD1802 for liver fibrosis and cardiovascular indications, along with earlier-stage programs in metabolic and inflammatory disorders. HighTide operates primarily in the biopharma sector, targeting patients with chronic liver, gastrointestinal, and cardiometabolic conditions through clinical trials and partnerships with global pharmaceutical firms; its geographic footprint spans China, the United States, and select Asia-Pacific regions. Founded in 2015 and headquartered in Shanghai, China, the company maintains subsidiaries and research facilities in San Diego, California, to support its international R&D efforts. HighTide went public on the Hong Kong Stock Exchange in 2024, marking a key capital-raising milestone to advance its late-stage pipeline. In recent developments within the last two years, HighTide reported positive topline results from the Phase 3 GLOBE trial of HTD1801 in PSC in late 2024, paving the way for regulatory submissions; it also initiated the Phase 3 TERN-501 trial for MASH and expanded collaborations with international partners for co-development and commercialization. Additionally, the company secured Series D funding exceeding USD 100 million in 2023 to fuel pipeline progression and announced strategic expansions into obesity treatments with HTD4010 entering clinical stages.